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Showing 541 - 550 of 1563 results for "Competition"

Morrison unveils open banking framework

KARREN VERGARA  |  MONDAY, 12 FEB 2018
... competitive deals elsewhere. The report recommended the ACCC should be primarily responsible for standards-setting, competition and consumer issues, security measures and data transfer; an internal and external dispute resolution processes to resolve ...

Fintechs save time: Spot poll

KARREN VERGARA  |  MONDAY, 12 FEB 2018
... plan to engage with fintechs at all. Despite the Federal Government's effort to champion fintech initiatives to boost competition in the financial sector and provide consumers with more product choice, no respondent indicated intentions to engage with ...

Government passes BEAR reform

JAMIE WILLIAMSON  |  THURSDAY, 8 FEB 2018
... Opposition recognise the importance of customer owned banking and the vital role it plays in delivering diversity and competition in retail banking," COBA chief executive Michael Lawrence said. He added that it is critical to minimise regulatory expenditure ...

Chief economist update: RBA to lift rates after 2018

BENJAMIN ONG  |  THURSDAY, 8 FEB 2018
... continue to run below target and "likely to remain low for some time, reflecting low growth in labour costs and strong competition in retailing." The Australian Bureau of Statistics' (ABS) latest update on domestic consumer prices showed little change. ...

General advice "misleading": Productivity Commission

JAMIE WILLIAMSON  |  WEDNESDAY, 7 FEB 2018
... Productivity Commission is calling for the existing notion of general advice to be scrapped. In its draft report into competition in the Australian financial system, the Productivity Commission argues the use of the term 'advice' should be limited to ...

Open banking regime to boost advice

DARREN SNYDER, KARREN VERGARA  |  MONDAY, 5 FEB 2018
... There have also been concerns that banks are advising customers against giving their passcodes as a means of stifling competition, the association said. Paul Chapman, chief executive of personal finance app Moneytree says there is always some risk when ...

CMC Markets hires head of sales trading

KARREN VERGARA  |  THURSDAY, 1 FEB 2018
... platform to be either 'good' or 'very good.' Investment Trends' research director Irene Guiamatsia said there is fierce competition amongst brokers as online investors use an average of 1.3 brokers each. "Brokers can't afford to rest on their laurels ...

Unlisted infrastructure assets hit record high

KARREN VERGARA  |  THURSDAY, 1 FEB 2018
... funds producing strong returns in recent years, both fund managers and investors share concerns over the increasing competition for assets and the resulting effect of rising asset prices, which is likely to eat into eventual net returns," he said.

FinTech Australia chair steps down

JAMIE WILLIAMSON  |  MONDAY, 29 JAN 2018
... said. Outlining his responsibilities, Stoyan said he will strongly advocate the need for, and benefits of, increasing competition and choice across Australian financial services - including through the introduction of challenger bank licences, which ...

Two FSC senior policy managers depart

KARREN VERGARA  |  WEDNESDAY, 17 JAN 2018
... for retirement income products. He also helped raise governance standards in the superannuation industry, promote competition in the default superannuation market, as well as put taxation arrangements in place for super funds. A BT Financial Group spokesperson ...